Advance Residence Investment Corporation (ADZZF)

2,061.50 -121.45 (-5.56%) At close: 12:52PM EDT

Advance Residence Investment Corporation

17th Floor, Jinbocho Mitsui Building
1-105 Kanda-Jinbocho, Chiyoda-ku
Tokyo 101-0051
Japan
81 3 6821 5483
https://www.adr-reit.com

Sector(s): Real Estate
Industry: REIT - Residential
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Wataru Higuchi	Executive Officer & Executive Director	N/A	N/A	1970
Mr. Hiromasa Yamamoto	Head of Compliance & Risk Management Office and Compliance Officer	N/A	N/A	N/A
Isao Kudo	GM of Investment & Asset Management Division I and Alternate Executive Director	N/A	N/A	1971

Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Advance Residence Investment Corporation is the largest J-REIT specializing in residential properties and is managed by ITOCHU REIT Management Co., Ltd. (IRM), the asset management company of the ITOCHU Group, investing in over 270 rental apartments located mostly in central Tokyo and in other major cities throughout Japan (AUM over 470 billion yen). ADR can be expected have a stable dividend in the long-term and can be considered as a defensive J-REIT, on back of the stable income from residential assets and with the largest dividend reserve among J-REITs.

Corporate governance

Advance Residence Investment Corporation’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.